Cmc 11 Ltd

Cmc 11 Ltd is a small, active company based in Glasgow, UK, founded two years ago. It boasts £1,087 in assets and operates from a real address, managed by a single director and owner – a solo founder. The company meets two of three conditions to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The business engages in a diverse range of activities, including retail sales via mail order and internet, bookkeeping, management consultancy, and other service activities. Its website, CMC Flooring Ltd, showcases a flooring business with over 25 years of experience, specializing in commercial flooring solutions like safety flooring, vinyl, carpet tiles, and hygienic wall cladding. They cater to various sectors, including office, retail, education, healthcare, and leisure, and emphasize long-term relationships with clients. The company is a second-generation family-run business and a member of the Contract Flooring Association.

Financially, Cmc 11 Ltd presents a somewhat concerning picture. While cash bank on hand remains steady at £1,100, net assets and liabilities both sit at a negative £6,600. Creditors are stable at £8,200, but finished goods are minimal at just £18. Property, plant, and equipment show a significant shift, with a gross cost of £600, but depreciation has brought the net value down to £540. The company's small size (meeting two of three conditions for small business status) allows for agility, but the negative equity suggests potential financial strain. No auditor is mentioned, as is typical for companies of this size.

Overall, Cmc 11 Ltd appears to be navigating early-stage challenges. While its flooring business shows promise, the negative equity and reliance on bank borrowings indicate a need for careful financial management. It's a small company, but it's facing pressures.

Registered in Scotland under the registration number SC752228, with a registered address at G42 8RR, Scotland, Glasgow, 176 Allison Street, C.O Scottish Accountancy Service.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.